Free Fall

Bitcoin continues to free fall after losing it's last hope around the major up trend line at 5700ish. I laid out some lateral price supports with red lines where we could see some pit stops. However Bitcoin is completely broken at this point and will likely head to 1800-2000 if not all the way back to where the bubble began at 800-1000. I'll update as breaks continue to occur, but expectation is it will take many many months if not years for any meaningful price recovery.